Education Loan by Divine Loan Hub
Education loan are a way to borrow money for various purposes, like financing your education, covering tuition fees, buying textbooks, and more. There are two types of student loans: federal and private. Federal student loans are backed by the government, while private ones are not.
The interest rates and repayment terms for student loans can vary a lot. These loans come in handy when you need money for your educational expenses. However, some lenders might limit what you can use the loan for.
One great thing about student loans is that they can save you money. For example, if you're facing high tuition costs and considering using a credit card with an 18% interest rate, you might be able to get a student loan with a lower interest rate. You can then use the loan to cover your educational expenses."
Why Divine Loan Hub?
Divine Loan Hub is made up of dedicated individuals who are on a mission to assist people in achieving financial success.
Personalized Loans
OurEducation Loanare designed with your needs in mind. Get a loan ranging from ₹10,000 to ₹20,00,000 for your specific requirements.
Our Mission
Our goal is to help people reach their financial dreams by offering accessible and responsible loan solutions.
We are together
Together, we navigate financial journeys, offering support and solutions, ensuring your success is our shared achievement.
How it works?
It is as easy as 1,2,3
Benefits and features of Education Loan Divine Loan Hub
Don't let the high prices of houses stop you from getting your dream home! Divine Loan Hub is here to help. We know how important it is to have your very own house, and that's why we have special loans just for you. Our loans are like magic—they are easy to get, come with lots of great features, and are the most affordable in India. We designed these loans to make it super easy for you to own and enjoy your dream home. So, with our help, you can have your dream home and celebrate it too!
Innovative Loan Products
We offer various innovative loans for homebuyers, especially those turned away by traditional banks. Our options include buying a house, home improvements, affordable housing, self-building, property-backed loans, resale, residential property, refinancing, and more
Differential Loan Amounts & Interest Rates
At Divine Loan Hub, we offer loans from INR 2,00,000 to 25,00,000 for 3 to 20 years. Our interest rates are usually 12-18%, and you can choose between fixed and variable rates. Our loans are affordable and easy.
Simple & Efficient Processes
We make getting a home loan easy. You just need basic documents, and we have flexible payment plans. Our process is quick, and once approved, we'll put the money in your account or give it to the builder as per the plan
Education Loan Eligibility Criteria
We're your education-funding helper! At Divine Loan Hub, we provide you with numerous options for securing the funds you need for your studies. Our primary goal is to simplify the process of obtaining these loans, so you can pursue your dream of higher education without delay
- > The applicant should be an Indian resident
- > Minimum age at the time of application should be 21 years
- > Maximum age at the time of loan maturity should be 65 years
- > The applicant should either be salaried or self-employed
- > The applicant must own a bank account
- > He/she must be undergoing a graduate/postgraduate degree or a PG diploma.
Documents needed for Education Loan:-
Divne Loan Hub is bound by and follows the KYC forms as per the regulator's guidelines. Here is a list of documents you are required to provide.
Valid Address Proof
Passport/Ration card/Voter ID/Driving License / Registered Rental Agreement/Electricity or Landline bill issued within the previous 3 months
Proof of Identity
Driving License/Voters ID Card, Passport/Ration Card/ Driving License / Photo Credit Card/PAN Card/ Employee ID card for Government servants
For salaried persons
Three months salary slips with ITR or Form 16 for salaried applicants seeking housing loan in India
For self-employed
Bank statement stating transactions for the previous three months
*These documents cover all types of loans for small businesses- Proprietorship, Partnership and Private Limited companies.
Overview
Almost 3 million people from all across India, coming from various walks of life, trust Divine Loan Hub as their reliable partner to fulfill a wide range of needs. When we join forces with you, we promise and deliver the best value for your money, keeping everything clear and simple.
We believe that when we meet your needs, you'll be inspired to move forward in life with enthusiasm and confidence. We are committed to making every step of your journey successful with customized solutions and the easiest process.
Now, let's discuss Education loan. Think of them as a unique kind of financial aid that doesn't require you to provide any collateral. You can use these funds for various purposes, such as covering your educational expenses, buying textbooks, or even managing your living costs while studying. Students also use these loans for consolidating their educational debts, handling academic fees, addressing unexpected expenses, and supporting their studies. The best part is, they offer great flexibility, involve minimal paperwork, and are processed quickly. They are a popular choice when you need additional financial support for your education.
Frequently Asked Question
These questions often arise in the minds of new people who are unsure about how student loan can benefit them and provide the success they need in their life.
Divine Loan Hub is a team of dedicated individuals with a mission to support your financial success. Our Education Loan are designed to suit your needs, offering loans from Rs 20000 to Rs 20,00,000.
Of course! Our Education Loan are made to help people who want money to combine their debts, improve their credit card situation, and cover personal costs. Our new loan option is meant to be cheap, quick, and easy to use.
Paying your loan on time will have a positive effect on your credit, while not paying it on time will have a negative effect on your credit.
Our loan terms can be anywhere from 12 to 60 months*, and this depends on your credit, our assessment, and what suits your needs. Our aim is to discover a loan that fits your financial situation and budget
Absolutely not! You can pay off your loan faster without any extra fees. We see it as this: When you succeed, we succeed!